Mirza Yawar Baig – Ramadan 2024 Reminders #21
AI: Summary ©
The speaker explains that the savings available from the program are not only for individuals, but also for groups. The savings are available in all 3 currencies, including gold, silver, and cash. The responsibility of the speaker is to ensure that the program is disbursed within the same time frame, and to ensure that individuals are given the necessary information to benefit from the program.
AI: Summary ©
Necessary
necessarily paid only in all that, but we
do it because the reward of good deeds
is multiplied. So it makes sense to do
it in all that.
I'm not going into
how much to pay and so on and
so forth. All of those are available.
Find check with the,
sources for that.
Broadly speaking, for most of us, gold, silver,
and cash. These are the 3 zakatiable things
that most of us have, and zakat is
2.5%
of the savings.
There's no zakat is not income tax. It
is wealth tax. So your savings,
the easiest and best way is fix a
day in Ramadan, and whatever you have on
that day, pay 2 0.5% of that in
Zakat.
Take it out and give it,
to people who are deserving of it.
People who are the the the sum of
Zakat, the,
amount of Zakat,
amount on which Zakat is liable, and the
amount below which a person,
is eligible to receive Zakat is,
in America today, it's something about $5,000.
So based on this, you can give zakat
or you can,
and the person who receive can receive zakat.
You don't need to do a sort of
financial analysis
of person.
Whatever you know about them, if they're poor
people, this Zakat can be given. Please understand
that your closest relatives are the most eligible
among them if there are any poor people.
And then further and further, as the case
might be,
it is permissible to give zakat to,
organizations,
permissible to give zakat to people,
who are living in other countries and so
on and so forth. But it is your
responsibility to make sure that that organization is
actually disbursing that zakat to those people. And
that the zakat is not the sitting accumulated
in that organization's account.
The responsibility
of zakat. Like, salah. Salah is a fun
line. I have to pay my own salah.
Similarly, I have to give my own zakat.
It is can't just dump it on somebody
and say, you give it to a hidden
gift. What can I do? No. It is
my responsibility
to make sure
that it is disbursed
within that same time frame. And if you
have a doubt, don't give it to anybody.
Go and give it yourself.
Then the best way is to give your
own zakat by your own hand to the
recipient of the Zakat because it
connects the the the poor and the rich
Muslim
and opens the heart, and you might even
end up doing more for the sake of
Allah
This is a very good thing if it
happens. So make sure you do that, but
it is possible to give to organizations which
are,
which will then disperse this zakat on your
behalf to people who are eligible for that
zakat.
So make sure the card is being given
to individuals,
transfer of ownership is happening, and that it
is being given within that same year. It
should not be delayed beyond that.